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Shares of Spectrum Brands Holdings (NYSE:SPB) decreased 2.0% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share increased 965.00% over the past year to $2.13, which beat the estimate of $0.76.
Revenue of $1,145,000,000 rose by 31.38% year over year, which beat the estimate of $1,010,000,000.
Outlook
Spectrum Brands sees FY21 adjusted free cash flow of $250 million-$270 million.
Details Of The Call
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Date: Feb 05, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/hhhursbp
Technicals
52-week high: $84.80
52-week low: $19.59
Price action over last quarter: Up 21.92%
Company Description
Spectrum Brands Holdings Inc is a consumer product company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, plumbing, shaving and grooming products, and personal care products. The company manages the businesses in product-focused segments; Hardware & Home Improvement, Home and Personal Care, Global Pet Supplies, and Home and Garden. It offers brands including Varta, Kwikset, Weiser, Baldwin, National Hardware, Pfister, Remington, George Foreman, and Russell Hobbs.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.